Bitcoin ETFs: $338M Outflow Hits May 20

Bitcoin ETFs recorded a 1-day net outflow of 4,374 BTC worth $338.14 million on May 20, extending the 7-day total to 23,132 BTC or $1.79 billion in redemptions.

Ethereum ETFs mirrored the pressure with 35,904 ETH leaving over the day and 116,679 ETH across seven days, while Solana ETFs attracted 27,115 SOL in fresh capital.

Bitcoin ETF net flows comparison over the past year shows these outflows align with historical drivers of crypto ETF outflows and inflows tied to macro risk-off moves rather than structural weakness. On the 4-hour chart BTC sits at $77,673.41 inside a bearish trend where the EMA50 at $78,210.04 caps upside above the EMA200 floor at $77,384.37; the MACD golden cross at -138.92 and neutral RSI of 50.02 point to a likely pullback toward the lower Bollinger Band support at $76,240.60 before any sustained advance.